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Browsing: Business
Gold prices held near a two-month low as Treasury yields, the dollar and US inflation data kept pressure on bullion markets Tuesday.
WEF says geoeconomic fragmentation costs the global economy up to $307 billion a year and adds pressure to inflation, trade and finance.
Treasury yields rose near 4.5 percent after private payroll gains, job openings and oil prices shaped inflation-sensitive trading.
Gold prices advanced as a softer U.S. dollar and lower crude oil supported bullion, with precious metals gaining across markets.
Oil prices eased in Asian trading as Brent and WTI retreated, while traders weighed a Middle East ceasefire and tighter U.S. crude stocks.
U.S. stocks closed lower in a broad sell-off as the Dow, S&P 500 and Nasdaq retreated from recent highs amid oil and inflation concerns.
Peter Schiff’s U.S. stock warning returns as elevated valuations, federal debt, inflation and steady Fed rates frame market risks.
ChatGPT reached 1 billion monthly active app users worldwide in May 2026, marking a record milestone in global AI adoption.
European Parliament trade MEPs advanced EU-US tariff legislation covering U.S. goods, safeguards and a June plenary vote in Brussels.
Dollar trading stayed steady near 99 while Bitcoin and Ether declined, leaving global currency moves muted and crypto markets weaker.
